NAC616C.526. Annual payments to certain claimants and dependents of claimants.

     1. The Administrator will make an annual payment to each claimant or dependent who is entitled as of July 1 to receive such a payment for a permanent total disability pursuant to NRS 616C.453. The amount of the payment to each claimant or dependent is equal to two-fifths of the amount the Administrator withdraws from the Uninsured Employers’ Claim Account for this purpose divided by the total number of claimants and dependents entitled to be paid and:

     (a) If the claimant or dependent receives compensation of less than $1,000 per month, an additional amount that is equal to two-fifths of the amount the Administrator withdraws from the Uninsured Employers’ Claim Account divided by the total number of claimants and dependents entitled to be paid pursuant to this paragraph; or

     (b) If the claimant or dependent receives compensation of $1,000 per month or more, but less than $1,500 per month, an additional amount that is equal to one-fifth of the amount the Administrator withdraws from the Uninsured Employers’ Claim Account divided by the total number of claimants and dependents entitled to be paid pursuant to this paragraph.

     2. As used in this section:

     (a) “Claimant” means a person who is entitled to receive compensation pursuant to chapters 616A to 617, inclusive, of NRS for a permanent total disability and is not entitled to an annual increase in that compensation pursuant to NRS 616C.473.

     (b) “Compensation” means compensation a claimant or dependent is entitled to receive pursuant to chapters 616A to 617, inclusive, of NRS for a permanent total disability.

     (c) “Dependent” means a dependent of a claimant.

     (Added to NAC by Div. of Industrial Relations by R163-05, eff. 11-17-2005)